Saudi Arabian Fertilizer Company "SAFCO" registered net profits of SR 932 million in the first quarter of the year 2013 compared to SR 787 million for the same quarter of the previous year, an increase of 18%. In a press statement issued here today, the company explained that its operating profits for the period amounted to SR 830 million compared to SR 735 million for the same quarter of the previous year, up by 13%. This enabled earnings per share during the three months to reach SR 2.79 compared to SR 2.36 for the same period of the previous year.